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Economy, Law & Politics

Bank of Canada hearing less ‘catastrophic’ tariff talk from businesses

Bank of Canada hearing less ‘catastrophic’ tariff talk from businesses

OTTAWA — Trade-sensitive businesses are telling the Bank of Canada that they’re broadly less worried about their “worst-case tariff scenarios” coming true compared to earlier in the year, a senior central bank official said Thursday.
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Mario Canseco: Third of Canadians avoiding U.S. purchases as Trump anger dips

Mario Canseco: Third of Canadians avoiding U.S. purchases as Trump anger dips

Most Canadians still see U.S. duties as a danger and prefer the Liberals over Conservatives to manage cross-border trade tensions, according to Research Co. survey
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Jobs minister presses Canada Post, workers to reach a deal

Jobs minister presses Canada Post, workers to reach a deal

Jobs Minister Patty Hajdu on Wednesday called on Canada Post and the union representing 55,000 postal workers to return to the bargaining table and hash out terms for binding arbitration, with the two sides still far apart on key issues.
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Pressure mounts on Carney to match Trump's tariffs on steel and aluminum

Pressure mounts on Carney to match Trump's tariffs on steel and aluminum

OTTAWA — Canada's steel industry is calling on the federal government to quickly match U.S. President Donald Trump's 50 per cent tariffs on steel and aluminum — part of a growing chorus demanding swift retaliation.
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B.C. politicians celebrate China ties days before Tiananmen Square vigils unfold

B.C. politicians celebrate China ties days before Tiananmen Square vigils unfold

Provincial and federal officials attended a PRC-hosted anniversary event as democracy activists mourned victims of state repression
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Throne speech adopted without a vote in House of Commons

Throne speech adopted without a vote in House of Commons

A vote on the throne speech would have been a confidence matter. If the government loses a confidence vote, it's defeated — and that can lead to a snap election.
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Should Vancouver’s civic elections be run by Elections BC?

Should Vancouver’s civic elections be run by Elections BC?

ABC Vancouver councillors make unsuccessful push to have province’s electoral organization take over city elections
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S&P/TSX composite closes down almost 100 points as tariffs weigh on market

S&P/TSX composite closes down almost 100 points as tariffs weigh on market

TORONTO — A sharp increase in tariffs the U.S. put on Canadian steel and aluminum Wednesday weighed on markets but investors were relieved Donald Trump’s latest attack didn’t exact the same damage as prior rounds.
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Wall Street drifts following some discouraging updates on the economy

Wall Street drifts following some discouraging updates on the economy

NEW YORK (AP) — U.S. stocks drifted through a quiet day of trading as Wall Street’s momentum slowed following its big recent rally. The S&P 500 was essentially flat Wednesday and is within 2.8% of its all-time high.
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Inflation volatility, tariff uncertainty keep Bank of Canada sidelined

Inflation volatility, tariff uncertainty keep Bank of Canada sidelined

OTTAWA — The unpredictability of the United States' trade war and signs of creeping inflation kept the Bank of Canada's interest rate on hold for a second consecutive decision on Wednesday — even as the central bank braces for an economic hit.
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